Pico Projector Market

Pico Projector Market worth 3.44 Billion USD by 2022

According to the new market research report "Pico Projector Market by Type (Embedded, Non-embedded), Technology (DLP, LCoS, LBS), Specification (Brightness, Resolution, Power Source), Application (Consumer Electronics, Business & Education), Components, and Geography - Global Forecast to 2022", the pico projector market was valued at USD 1.28 Billion in 2015 and is expected to reach USD 3.44 Billion by 2022, at a CAGR of 14.52% between 2016 and 2022. The factors that are driving the growth of the pico projector market include the integration of projection technologies with portable electronic devices and the development of pico projectors with superior specifications.

Browse 71 market data tables and 68 figures spread through 155 pages and in-depth TOC on “Pico Projector Market - Global Forecast to 2022”
Early buyers will receive 10% customization on reports.

“Non-embedded (standalone) pico projectors to hold the largest share of the pico projector market“

Non-embedded (standalone) pico projectors would lead the global pico projector market between 2016 and 2022. The growth of the pico projector market is driven by factors, such as ease of connectivity, high resolution output, greater display size, and improved brightness level. Moreover, some other factors such as the small-form and convenience makes the non-embedded (standalone) pico projector popular among end users.

“DLP technology market for pico projector is expected to hold the largest share, whereas LBS technology is expected to grow at the highest rate between 2016 and 2022”

Digital light processing (DLP) is a renowned projection technology pioneered by Texas Instruments, Inc. (U.S.). DLP is one of the best technologies in the field of projection engineering and is also widely adopted in pico projectors. DLP technology is being used in cinema and conventional projector, hence this technology also offers excellent results in the pico projector. Laser beam steering (LBS) is an emerging technology in the field of projection and is patented by MicroVision, Inc. (U.S.). LBS provides focus-free operation, and vivid and clear picture as compared to other technologies at equivalent brightness level.

“Asia-Pacific (APAC) is expected to lead the growth in the pico projector market between 2016 and 2022”

The growth of the pico projector market in APAC is expected owing to the huge demand of pico projectors from consumer electronics, and business and education segment. Moreover, per capita disposable income and economic activities are increasing in APAC. Many emerging companies in APAC are engaging in the development of pico projectors. Furthermore, strategies like new product launches are also driving the growth of the pico projectors in APAC.

The major players involved in the pico projector market, include Aaxa Technologies, Inc. (U.S.), LG Electronics, Inc. (South Korea), Koninklijke Philips N.V. (Netherlands), Sony Corporation (Japan), Lenovo Group Ltd. (China), along with other emerging companies, such as RIF6, LLC (U.S.), Cremotech Co., Ltd. (Taiwan), and Celluon, Inc. (South Korea). Texas Instruments, Inc. (U.S.) and MicroVision, Inc. (U.S.) are considered as the key suppliers of the projection technology in the pico projector market.

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Email: [email protected]

Report Code
SE 3125
PR Published ON
Choose License Type
Request Customization
Speak to Analyst
Speak to Analyst
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
  • What are the Known and Unknown Adjacencies Impacting the Pico Projector Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
©2020 MarketsandMarkets Research Private Ltd. All rights reserved

Digital Virtual Assistant - MarketsandMarkets